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For sale
  • $698,750

    501 NE 31st St Unit 601, Miami, FL 33137

    3beds
    1,110sqft
    : 
    $6,366/mo
    Get pre-qualified
    Condominium
    Built in 2018
    -- sqft lot
    $671,900 Zestimate®
    $630/sqft
    $1,544/mo HOA

    What's special

    Stylish wallpaper throughoutAbundant natural lightUpgraded designer lightingSpacious open layoutPleasant city views
    Exceptional opportunity to own a beautifully FURNISHED 3-Bedroom, 2-Bath residence at Paraiso Bayviews in the heart of Miami's vibrant Edgewater neighborhood. This thoughtfully designed 1,110 SF home features stylish wallpaper throughout, upgraded designer lighting, and a spacious open layout ready for immediate occupancy. Located on the 6th floor, the residence offers pleasant city views and abundant natural light. Paraiso Bayviews is one of Edgewater's premier lifestyle destinations, offering resort-style amenities including a rooftop pool with panoramic bay views, state-of-the-art fitness center, tennis courts, spa, children's playroom, clubhouse, summer kitchens, and more. Residents also enjoy access to the renowned Amara at Paraiso waterfront restaurant by award-winning chef Michael Schwartz. Investor-friendly building allows 30-day rentals up to 12 times per year, making this an excellent option for both end-users and income-focused buyers. Ideally located just minutes from the Design District, Midtown Miami, Wynwood, Downtown Miami, Brickell, Miami Beach, and Miami International Airport. Bank-owned property priced to sell.
    56 days
    |
    100
    |
    1
    |

    Likely to sell faster than

    Zillow last checked:

    Listing updated:

    Listed by:

    Mauricio Rojas 786-312-7771,

    Red Road Real Estate Florida

    Source: MIAMI,MLS#: A12032247MLS LogoOriginating MLS: A-Miami Association of REALTORS

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 3
      • Bathrooms: 2
      • Full bathrooms: 2
      Heating
      • Electric
      Cooling
      • Electric
      Appliances
      • Included: Dishwasher, Dryer, Electric Water Heater, Microwave, Refrigerator, Washer
      Features
      • Lobby
      Interior area
      • Total structure area: 1,110
      • Total interior livable area: 1,110 sqft
      Video & virtual tour

      Property

      Parking
      • Total spaces: 1
      • Parking features: 1 Space
      • Garage spaces: 1
      Features
      • Entry location: First Floor Entry
      • Exterior features: Barbecue
      • Has view: Yes
      • View description: Skyline
      Details
      • Parcel number: 0132300960040

      Construction

      Type & style
      • Home type: Condo
      • Property subtype: Condominium
      • Attached to another structure: Yes
      Materials
      • Concrete Block Construction
      Condition
      • Year built: 2018

      Community & HOA

      Community
      • Security: Smoke Detector, Complex Fenced, Elevator Secure, Card Entry, Secured Garage/Parking, Security Guard
      • Application fee: $100
      • Subdivision: Paraiso Bayviews Condo
      HOA
      • Has HOA: Yes
      • Amenities included: Tennis Court(s)
      • HOA fee: $1,544 monthly
      Location
      • Region: Miami

      Financial & listing details

      • Price per square foot: $630/sqft
      • Tax assessed value: $535,343
      • Annual tax amount: $10,687
      • Date on market: 6/5/2026
      • Listing terms: All Cash,Conventional,Cryptocurrency,Will Rent

        Estimated market value

        $671,900

        $638,000 - $705,000

        $5,745/mo

        Price history

        DateEventPrice
        6/6/2026Listed for sale$698,750+27%$630/sqft
        Source: MIAMI #A12032247 Report a problem
        6/2/2026Sold$550,100-3.5%$496/sqft
        Source: Public Record Report a problem
        2/18/2022Sold$570,000-10.5%$514/sqft
        Source: Agent Provided Report a problem
        1/1/2021Listing removed--
        Source: MIAMI Report a problem
        5/21/2020Price change$3,400-5.6%$3/sqft
        Source: La Playa Properties Group Inc #A10839403 Report a problem
        4/10/2020Price change$3,600-9.8%$3/sqft
        Source: La Playa Properties Group Inc #A10839403 Report a problem
        3/27/2020Price change$3,993-0.2%$4/sqft
        Source: La Playa Properties Group Inc #A10839403 Report a problem
        3/6/2020Listed for rent$4,000$4/sqft
        Source: La Playa Properties Group Inc #A10638484 Report a problem
        8/30/2018Sold$636,900$574/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,687 +5.1%$534,366 +10%
        2024$10,168 +3.6%$485,788 +10%
        2023$9,817 +15.3%$441,626 +10%
        2022$8,517 +9.8%$401,479 +10%
        2021$7,755 -20.2%$364,981 -20%
        2020$9,717 -11.2%$456,226 -11%
        2019$10,942 +2299.8%$512,613 +2371.3%
        2018$456 $20,743 +10%
        2017$456 +4.3%$18,858 +10%
        2016$437 +26.2%$17,144 +10%
        2015$347 $15,586
        2014-- --
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

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        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: Wynwood - Edgewater

        Getting around

        86 / 100
        Very Walkable
        49 / 100
        Some Transit
        70 / 100
        Very Bikeable

        Nearby schools

        GreatSchools rating

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